Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Google Inc (GOOGL) Found a $1 Billion New Home For Its Space Shuttles, Internet Balloons, Drones and Robots

When you hear Google Inc (NASDAQ:GOOGL), NASA hangar and a huge sum of money that the tech giant is set to dole out, space crafts is the first thing that comes to mind. This is followed by the thought of Elon Musk’s Space X, and whether it might be facing competition even before private space transportation became a profitable reality. On Fox Business, the panelists discussed the motives behind Google Inc (NASDAQ:GOOGL)’s nearly $1 billion payment to lease NASA’s old hanger.

Google Inc (GOOG)

Enderle Group President, Rob Enderle seemed to have a different direction in mind with regards to where Google might be heading with its new premises rather than just space exploration.

“[…] They [Google Inc (NASDAQ:GOOGL)] have been talking about putting satellites, a lot of satellites around the Earth to bypass the carriers and provide internet connectivity particularly to the emerging companies , but also they could bypass this whole Net Neutrality thing that is going on in the US. Elon Musk is going to try the same thing. In fact it wouldn’t surprise me if the two would eventually partnered as you would expect a lot of R&D to go in there […],” said Enderle.

Google Inc (NASDAQ:GOOGL)’s Project Loon is also one such effort to bring internet to the millions where the infrastructure for such facility doesn’t exist. Moreover, Enderle even saw Google’s drones possibly finding a new home in this new facility as well.

“[…] I would also expect a lot of their earlier drone effort to make it to that facility, as it would be incredibly handy to do some of the research there and they might have a launch platform that is more closely related to drones. In other words low altitude tech to orbit […],” remarked Enderle.

Robotics is another field where Google Inc (NASDAQ:GOOGL) might be thinking of making major leaps and this new facility could come in handy in that regard too. After seeing the footage of Google’s Atlas the question pops up in the viewer’s mind if soldiers will soon be among the top jobs being replaced by robots.


Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

Loading...